Absolutely love in-house underwriting.  Makes things so much easier for buyers and sellers.  If there is a problem, they usually let you know quickly so the issue can be resolved and then close on time.

It can be a big help and time saver.

I find this to be true and always prefer a "local" in-house underwriter. Makes the transaction go so much more smoothly.

In my experience, very important! Especially on the front end in quickly providing a solid pre approved mortgage commitment from the underwriter to compete with cash offers.

Important, though not the only priority depending on the property and client needs.

Hi Chuck, 

It's my preference. When I was a lender I had out of office underwriting and made it work, but if I could walk down the hall and discuss the concerns, I'd have been in a better position to get them resolved with the least amount of distress for all concerned. 

I REALLY like in-house underwriting and would prefer to use a lender that offered that, but the ultimate choice of a lender is made by the buyers.

I like it.

Banks all have in house underwriters and they NEVER close on time.

I prefer to use a mortgage broker that knows how to package the loan so that it flys through underwriting.

Eve

Agree, application, in house processing, underwriting and title services are pluses.  One stop shopping

Without inhouse underwriting or the ability to write a check, they are just brokers collecting a fee, aren't they?

I think it's important that the whole group be 'across the hall' & accessible. Agree that it makes things smoother.

Very important to us!

Very important.

It can help - most of the lenders I use do

Very important.

I think it is a major plus to have.

I only recommend a lender that has a proven track record in servicing my clientele! In-house underwriting is a very important reason I work with and recommend certain lenders.  The Mortgage Approval process from application to commitment to closing is fraught with a myriad of potential glitsches and there is a HUGE level of comfort in knowing that the mortgage loan officer working with my buyer can simply walk down the hallway to have a chat with underwriting when a problem arises, getting right back to me with a potential solution. 

I think that it is VERY important to have in-house underwriting.  Communication is much easier, and the whole deal just goes more smoothly from start to finish.  It is more preferable for first-time home buyers, especially.

It definitely is a plus.

Chuck Willman UtahHomes.me It is beneficial for a lender have in house underwriting.

Local in-house underwriting helps the process go smoothly! 

Chuck,

That was a big selling point of Countrywide loans when they started.  It is important.  A

It does make a difference ... most importantly is their ability to get the job done and close a transaction.

It's certainly my preference, and is the case for my preferred lenders

that seems to be true.... and local lenders are the easiest to work with....

Having a local in house underwriting staff makes the process so much more easy to manage. If there is an issue its addressed much easier.

Chuck Willman UtahHomes.me It is very important.

Oh, absolutely, in-house underwriting can be critically important. 

very important. better communication faster the turn around is. No 3 hour time difference crap.

It's a big plus!

I like in-house underwriters as the loan officer can actually talk to them in person when things arise

I think this is very important and know it will expedite the approval process. Those companies I use with in-house underwriting can get loans approved in as short a time as 3 weeks.

Not at all. What is important is great communication between the lender, buyers and their agents. As a mortgage broker, my underwriting is done by the lender, whoever, I know what they are going to ask for even before they tell me, so I'm ahead of the game. Since I do my own processing, agents and buyers only talk to one person. Meeting the dates are a must.

best case they will have it and I like that, but we have unique titled properties in my area that only certain lenders do and it is what it is...

IE lease lots, manufactured homes, part lease, part fee simple (not every lender will do those loans and those who do do not always have in house underwriting but still do a good job for us on those special properties)

Most agents like mortgage professionals to have underwriting in house to cut down on time wasters.

I like it, but hard to dictate since so many are part of larger groups.